NOT LISTED FOR SALE

Estimated Value: $631,940

6 Beds
3 Baths
2,810 Sq Ft
$225/Sq Ft Est. Value

Last Sold January 13, 2025

Last sale price $634,900 $226 Per Sq Ft

Current estimated payment $4,116/month

138 Days on Market

Highlights

  • Home Security System
  • Wood Siding
  • No Heating
  • Level Lot

About This Home

As of January 2025

Welcome to this meticulously maintained triplex in West Eugene, This investment property is truly turn key with reliable quality tenants. Ideally situated near shopping, eateries, the Lane County Fairgrounds, just minutes from downtown Eugene, and the University of Oregon. This property offers a perfect blend of comfort and convenience with its well-cared-for units, Alll units have been fully updated over the last 2 years, featuring oak cabinets, new exterior paint, individual washer and dryer hookups,and modern upgrades throughout. Each unit is equipped with contemporary appliances, new flooring, and fresh interior paint,Ensuring a move-in ready experience for tenants. The upper units boast private balconies, providing serene outdoor spaces to enjoy, while the downstairs unit features a charming patio. The property includes three separate 9x7 storage units and designated parking spaces for each unit. With low-maintenance grounds, this triplex offers easy management, making it an excellent investment opportunity in a desirable location. Please do not disturb tenants.

Last Listed By

Amanda Parker

Parker Heights Realty License #201219748 Listed on: 07/26/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,964

Year Built

  • Built in 1997 | Remodeled

Lot Details

  • 6,969 Sq Ft Lot
  • Level Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,810 Sq Ft Home
  • 2-Story Property
  • Home Security System

Parking

  • 4 Parking Spaces
  • Covered Parking
  • Assigned Parking

Schools

  • Cesar Chavez Elementary School
  • Arts & Tech Middle School
  • Churchill High School

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1552122

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $3,000
  • Gross Income $47,500
  • Net Operating Income $36,215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,964

Year Built

Built in 1997 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1997
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: Attached,IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Road Surface Type: Concrete, Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Assigned, Covered
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecuritySystem
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Cesar Chavez
  • High School: Churchill
  • Middle Or Junior School: Arts & Tech

Lot Info

  • Zoning: R2
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.0
  • Parcel #: 1552122

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 6964.3

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.37
  • Annual Gross Income: 47500.0
  • Property Net Operating Income: 36215.0
  • Annual Operating Expense: 3000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Jan 9, 2025
Sold by
Randy Alan Miles Living Trust and Miles Randy Alan
Bought by
Tumulak Kristin
Seller's Agent
Amanda Parker
Parker Heights Realty
Buyer's Agent
Sandra Boyst
ICON Real Estate Group
List Price
$639,900
Sold Price
$634,900
Premium/Discount to List
-$5,000
-0.78%
Total Days on Market
138
Views
117
Current Estimated Value
$631,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,960
Avg. Annual Appreciation
-1.55%
Original Mortgage
$476,175
Outstanding Balance
$475,770
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$156,170

Purchase Details

Closed on
Aug 31, 2019
Sold by
Miles Randy
Bought by
Miles Randy Alan and Randy Alan Miles Living Trust

Purchase Details

Listed on
Mar 3, 2016
Closed on
May 18, 2016
Sold by
Cole David L and Cole Darlene M
Bought by
Miles Randy
Seller's Agent
Wendy Milbrett
Real Estate by Design
Buyer's Agent
Olaf Junge
ICON Real Estate Group
List Price
$295,000
Sold Price
$296,500
Premium/Discount to List
$1,500
0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$207,550
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2002
Sold by
Fosmark Tim A
Bought by
Cole David L and Cole Darlene M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.09%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tumulak Kristin $634,900 Fidelity National Title
Miles Randy Alan -- None Available
Miles Randy $296,500 Western Title & Escrow Co
Cole David L $206,000 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumulak Kristin $476,175
Previous Owner Miles Randy A $101,000
Previous Owner Miles Randy A $49,000
Previous Owner Miles Randy $207,550
Previous Owner Cole David L $148,000
Previous Owner Cole David L $164,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Sold $634,900 0.0% $226 / Sq Ft
12/12/2024 12/12/24 Pending -- -- --
10/16/2024 10/16/24 Price Changed $634,900 -0.8% $226 / Sq Ft
08/11/2024 08/11/24 For Sale $639,900 0.0% $228 / Sq Ft
08/01/2024 08/01/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $639,900 +115.8% $228 / Sq Ft
05/20/2016 05/20/16 Sold $296,500 +0.5% $106 / Sq Ft
04/05/2016 04/05/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $295,000 -- $105 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $7,146 $350,086 $0 $0
2022 $6,695 $339,890 $0 $0
2021 $6,288 $329,991 $0 $0
2020 $6,305 $320,380 $0 $0
2019 $6,095 $311,049 $0 $0
2018 $5,700 $293,194 $0 $0
2017 $5,383 $293,194 $0 $0
2016 $5,004 $284,654 $0 $0
2015 $4,884 $276,363 $0 $0
2014 $4,741 $268,314 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24374533

Regional Multiple Listing Service (RMLS)

APN: 1552122